Question

what is the Indian import rate annually(50points) free.....​

Answer 1

Answer:

India: imports of goods and services as percent of GDP

the latest value from 2019 is 21.36% for comparison, the world average in 2019 based on 142 countries is 49 . 50 %

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Answer 2

Answer:

The rate is 10% of the value of goods. GST is applicable on all imports into India in the form of levy of IGST. IGST is levied on the value of imported goods + any customs duty chargeable on the goods. GST Compensation Cess is a levy which will be applicable in addition to the regular GST taxes.

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